As the excitement of another US equity day session approaches, the BTFATHers can’t help themselves and have lifted the S&P 500 futures to another new all-time record high. Sure, why not, when the Fed has the path illuminated… It would seem the dips that are bought have now been reduced to 3-4 points though what is perhaps more worrisome is that EURJPY has ‘decoupled’ from the exuberance in the last hour.
but carry is fading…
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/ug6aTGn1PuQ/story01.htm Tyler Durden
As the excitement of another US equity day session approaches, the BTFATHers can’t help themselves and have lifted the S&P 500 futures to another new all-time record high. Sure, why not, when the Fed has the path illuminated… It would seem the dips that are bought have now been reduced to 3-4 points though what is perhaps more worrisome is that EURJPY has ‘decoupled’ from the exuberance in the last hour.
but carry is fading…
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